Source
Comments
Information is not sufficient as the company does not mention any number regarding audits and discontinuing the business.
p.3
"Supplier Relationship Management"
"Key KLA suppliers participate in the KLA Supplier Scorecard program. The Scorecard includes several qualitative and quantitative measurement criteria related to a supplier’s performance against defined criteria. Non-quantifiable ratings can include a review of the supplier’s adherence to KLA’s policies. Any deterioration below certain levels require a Supplier Action Request. Supplier Action Requests are managed throughout the business review process. KLA may discontinue business with suppliers that fail to either improve their Supplier Scorecard rating over a defined period or do not resolve requests in a timely manner. The Supplier Relationship Management program includes planned business reviews, site visits and performance audits that include adherence to human rights policies. Site visits and performance-related audits occur when and if a supplier’s scorecard performance is declining and/or if supplier risk is determined through the course of normal supplier visits."